Most of my friends graduated from top undergrads.
They make $50k+ a year. Not a killing, but enough to have a comfortable life. Now here's what pisses me off:
None of them have any money. They blow it all on stupid shit, and don't even have $350 to fly to Florida. Housing's provided (mutual friend has condo on a beach), food's cheap. All they have to do is buy a plane ticket, booze, and food. Surprisingly, they can't afford that.
Why?
Well, here's where their money goes:
We focus a lot on this forum on growing wealth, however, we often gloss over proper money management. Of what I listed above, a person can easily cut down on Food, Partying, Housing, and Stupid Shit. Those are all instant gratification expenses, and ones that prevent us from living the lives we want.
My friends are trading 5 days a week, to pay for 2 days to forget about their weeks.
Then, once a year, they go to Cancun, and think that justifies their 51 weeks of quasi-slavery.
The thing they don't know is that these tropical paradises aren't that expensive: http://nomadlist.io. You can live in Chiang Mai for $380 a month. That's only $4500 a year!
You don't have to be rich to have a great quality of life. All you have to do is get your head out of your a$$, and stop being a slave.
In the coming month, I'll be traveling and working on my fastlane projects. I make only $500 a week from passive income, however, because I play the game differently, get to a live a life of perpetual vacation if I so choose. My friends on the other, well, they "can't afford to travel".
They make $50k+ a year. Not a killing, but enough to have a comfortable life. Now here's what pisses me off:
None of them have any money. They blow it all on stupid shit, and don't even have $350 to fly to Florida. Housing's provided (mutual friend has condo on a beach), food's cheap. All they have to do is buy a plane ticket, booze, and food. Surprisingly, they can't afford that.
Why?
Well, here's where their money goes:
- Taxes ($250 a week)
- Food ($200 a week)
- Partying - taxis, covers, bar tabs ($100 a week)
- Housing ($200 a week)
- Miscellaneous + stupid shit ($250 a week)
We focus a lot on this forum on growing wealth, however, we often gloss over proper money management. Of what I listed above, a person can easily cut down on Food, Partying, Housing, and Stupid Shit. Those are all instant gratification expenses, and ones that prevent us from living the lives we want.
My friends are trading 5 days a week, to pay for 2 days to forget about their weeks.
Then, once a year, they go to Cancun, and think that justifies their 51 weeks of quasi-slavery.
The thing they don't know is that these tropical paradises aren't that expensive: http://nomadlist.io. You can live in Chiang Mai for $380 a month. That's only $4500 a year!
You don't have to be rich to have a great quality of life. All you have to do is get your head out of your a$$, and stop being a slave.
In the coming month, I'll be traveling and working on my fastlane projects. I make only $500 a week from passive income, however, because I play the game differently, get to a live a life of perpetual vacation if I so choose. My friends on the other, well, they "can't afford to travel".
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